season2 🔥🔥🔥🔥🔥🔥🔥

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Hello traders..
Especially beginners like me. Do you know what Support & Resistance is? And How to Recognize It?

For those who are just starting out in the world of trading. The concept of stock support resistance is one of the most frequently discussed attributes in technical analysis. These two terms are used to refer to price levels on a chart or graph that act as markers of price movements that do not penetrate a certain value. For a clearer example, support and resistance can be seen using candlestick charts.

What is Support & Resistance? Support is defined as support and resistance means resistance. In price movements, support is the lowest point or area that cannot be penetrated by a downward price movement, while resistance is the highest point or area that cannot be penetrated by an upward price movement.

Technically, the definitions of both are as follows.
Support = an area where the price cannot penetrate and can turn up, located below the current price, usually responded to by buy action
Resistance = an area where the price cannot penetrate and can turn down, located above the current price, usually responded to by sell action.

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Continuation of the previous post to understand the world of trading on the binance application through terms that are often used in the world of trading, namely:
5. Cut loss
Cut loss is the act of manually closing a trading transaction where the transaction is experiencing a loss or loss. Cut loss is done so that traders do not experience even greater losses.

6. Hedging or Locking
Hedging or locking is a condition where a trader opens Buy and Sell positions simultaneously without closing one of the positions.

Hedging is generally done to lock in a trader's profit or loss. So in a hedging condition, the trader's profit or loss will not increase.

7. Leverage
Leverage is the leverage given by a broker to a trader, so that traders can make trading transactions with small capital to take larger positions in the market.

In other words, leverage is a loan from a broker to a trader, to increase the trader's purchasing power, in the hope of providing greater profits.

8. Long and Short
Long or buy is a term that refers to a transaction to buy a currency pair in the crypto market. While Short or sell is a term that refers to a transaction to sell a currency pair in the market.

9. Lot
In forex trading, the term Lot refers to the number of currency units to be bought or sold by a trader. In other words, a lot is a unit that measures the number of trading transactions made by a trader.

The standard size for one lot is 100,000 currency units. In addition, currently lots are also available in mini lot sizes of 10,000 currency units, micro lots of 1000 currency units, and Nano lots of 100 currency units.

10. Margin Level
In general, margin in trading can be interpreted as collateral that can be used to open positions that exceed the trading funds owned by the trader.
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Hello traders..
Do you know the terms that traders often use?
Here are some common terms in the trading world that I have summarized for you. So that you can also easily understand and comprehend the binance platform, especially beginners like me. Here is the explanation:

1. Ask and Bid Price
Ask price or asking price is the price position at which a trader will buy a particular currency pair. While the Bid price or offer price is the price position that a trader is willing to sell for a particular currency pair. We can see both prices on the binance trading platform display.

2. Bullish and Bearish
The term Bullish refers to market conditions where the price of a currency pair is experiencing an uptrend. Bullish market conditions are characterized by higher highs and higher lows.

In a Bullish market condition, traders are optimistic that prices will rise higher than they are now so they will make Long or buy transactions.

Furthermore, the term Bearish refers to market conditions where the price of a currency pair is experiencing a downtrend. Bearish market conditions are characterized by lower higher highs, and lower higher highs.

3. CandleStick
Candlestick or kandil is a type of price chart used in technical analysis that displays the highest, lowest, opening, and closing prices of an asset for a certain period.

4. $BTC Currency Pairs
Currency Pairs or currency pairs are quotations of two different currencies, where the value of one currency is quoted against another currency. In this case, the quote is the offer to buy and sell a currency.

DON'T HESITATE TO ASK 😊

Asking is a sign of courage and a desire to learn, the more you know, the more steady your steps to continue moving forward.

Spam like, comment and share ya guys 🔥
Don't forget to continue promoting the Binance application guys 📌 Follow me to get FREE education! 🎉🎉🎉
$HMSTR #TON #CryptoExplorerFiesta

Good afternoon, fellow traders!

Friday has $BTC arrived! It's the perfect time to evaluate our achievements during the week and prepare ourselves for success ahead. Remember, every small step we take today can bring us closer to our big goals.

Stay focused and consistent, never hesitate to learn from every experience, be it victory or defeat. Every day is a new opportunity to grow and become a better trader.

Don't forget to share your enthusiasm and support each other. Together, we can achieve more!

Happy trading and may today be full of profitable opportunities!

Don't forget to Spam ♥️ for those who agree 🥰🤝

bitcoin continues to rise.

Hello professional traders..

Where did you learn to be a trader until you were really good at it?
Did you understand it straight away through the binance app?

Share your experience so I can learn too.
Thank you in advance.

#binance

follow guys

Come on guys.

When I introduced crypto to my friends, they all laughed saying that if you don't have enough capital, you don't need to play crypto.
I thought they were very wrong, then I showed them the price of bitcoin on the binance application. Then they were silent after knowing the price. Because according to them, the highest value of currency is always held by the dollar.
They finally thought and started to find out about crypto too, through the binance application. Now it's my turn to laugh.

BPH6R8YKWC

Did you know that some cryptocurrencies with limited supply that have the potential to rise in the future include:

1. Bitcoin ($BTC ): As the first cryptocurrency, Bitcoin has a maximum supply of 21 million coins. Due to its status as a major digital asset, increasing demand could push its price even higher in the future.

2. Litecoin (LTC): Known as “digital silver,” Litecoin has a maximum supply of 84 million coins. With faster transaction speeds than Bitcoin and a stable community, Litecoin is often considered a reliable long-term investment.

3. Dash ($DASH ): Dash has a maximum supply of 18.92 million coins. This cryptocurrency offers features like instant and anonymous transactions, making it attractive to users who value privacy and efficiency.

4. Maker (MKR): With a maximum supply of only around 1 million coins, MKR is used in the MakerDAO ecosystem to manage the Dai stablecoin. Its small supply makes it very scarce, and its value could increase as adoption of its system increases.

5. Yearn.Finance (YFI): Only 36,666 YFI coins will ever exist, making it one of the rarest cryptocurrencies. YFI is used to manage the Yearn.Finance protocol in the decentralized finance (DeFi) space.

6. Binance Coin ($BNB ): While it doesn’t have a low fixed supply, Binance regularly burns coins to reduce the number in circulation, increasing scarcity and potential future value.

When choosing a coin, consider your investment goals, risk profile, and do thorough research before purchasing. Understanding the fundamentals of a project and market trends can help identify the best opportunities.#CryptoExplorerFiesta #marketdownturn #BecomeCreator

CREATOR MAKES INFORMATION INVALID!!! $BTC $BNB $XRP

#CryptoExplorerFiesta #Binance

$HMSTR in the early days of its emergence, the number 1 largest number of miners on telegram.
Almost everyone in the world does it, in the hope of experiencing great profits. Some even use cheating methods.
By duplicating accounts.
Now, the players in the 2nd period hope to change their initial disappointment.
What do you think
#HMSTR #BTC #CryptoExplorerFiesta

Hello traders..
Do you know who the 10 largest $BTC holders in the world are?

Will America keep printing money to buy $BTC ? hahaha

What are your obstacles in the crypto world, as a user of #Binance ?
Is there anyone like me, starting to get interested in crypto but can only see it.
Where many people always suggest to continuously invest in crypto, especially in coin $BTC
What should I do, where I am very excited to learn the crypto world through #Binance

Are there any friends who want to share their experiences in the crypto world?
Thank you.